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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

1. Which of the following file extensions indicates that the data are compressed?

A) .epub
B) .exe
C) .zip
D) .xml

2. The primary purpose of a local area network (LAN) is to

A) facilitate communication via a modem
B) display data on a monitor connected to a processor by cable
C) enable distributors of data-processing equipment to provide assistance to users more efficiently
D) permit high-speed communication between various kinds of electronic equipment within an area

3. At the close of a fiscal period, the Prepaid Insurance Account shows a debit balance of $600, and an examination of entries in the Insurance Register shows $500 as expired insurance. Which of the following is the appropriate adjusting entry to be made as a part of the adjusting process?

A) Debit Insurance Expense $500, credit Prepaid Insurance $500
B) Debit Prepaid Insurance $100, credit Insurance Expense $100
C) Debit Insurance Expense $100, credit Prepaid Insurance $100
D) Debit Insurance Expense $500, credit Income and Expense Summary $500

4. Research indicates that government warnings can affect buying patterns. A recent federal research report links red-meat consumption to poor health. Another report praises chicken as a healthy meat alternative. If other market conditions remain the same, the price of chicken will probably

A) remain unchanged
B) rise, then fall
C) decrease
D) increase

5. Which of the following is the best reason for completing a career assessment?

A) It guarantees the correct career path.
B) It defines significant industry trends.
C) It reduces the chance of making a poor career choice.
D) It ensures a career in a high-demand field.

Solutions: